25901 Independence
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 25, 2024 | Sold | ||
| Sold | |||
| Jun 11, 2024 | In contract | - | |
| In contract | |||
| May 7, 2024 | Listed by Compass - Denver | $975,000 | |
| Listed by Compass - Denver | |||
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Introducing 25901 Independence Trail, Evergreen. 5.62 acres on the summit of Independence Mountain. A rare gem with sweeping views of Mount Evans, the Continental Divide, Rocky Mountain National Park and the city. This property offers a bird's-eye perspective from Downtown Evergreen to the Rockies, including Evergreen Lake. With multiple rock outcroppings, it provides varied options for your dream home and all within a mere 10-minute drive to downtown Evergreen as convenience meets luxury, allowing you to seamlessly blend the tranquility of mountain living with the vibrant amenities of town. Seize this rare chance to own your slice of mountain paradise where the only limits are the boundaries of your imagination.
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| May 6, 2024 | Price Decreased |
$975,000
↓ $25K
(2.5%) | |
| Price Decreased | |||
| Dec 26, 2023 | Listed | $1,000,000 | |
| Listed | |||
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Introducing 25901 Independence Trail, Evergreen. 5.62 acres on the summit of Independence Mountain. A rare gem with sweeping views of Mount Evans, the Continental Divide, Rocky Mountain National Park and the city. This property offers a bird's-eye perspective from Downtown Evergreen to the Rockies, including Evergreen Lake. With multiple rock outcroppings, it provides varied options for your dream home. The paved and landscaped driveway, valued at approximately $1 million, leads to a gated entry for security and exclusivity. Well permit in progress, septic site staked out, and all within a mere 10-minute drive to downtown Evergreen as convenience meets luxury, allowing you to seamlessly blend the tranquility of mountain living with the vibrant amenities of town. Seize this rare chance to own your slice of mountain paradise where the only limits are the boundaries of your imagination.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017